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IndustryUpdate

ANNOUNCEMENT Desktop was developed to allow merchants to use exist-
ing software and add a stand-alone countertop terminal
to accept payments, including EMV/NFC transactions.
Bluefin now PCI P2PE v3.0 certified
ID Insight advances FI fraud investigation
Payment security and encryption provider Bluefin
attained certification to the Payment Card Industry (PCI) ID Insight, a developer of solutions to prevent account
Data Security Standard (DSS) point-to-point encryption takeover and new-account fraud, said it is applying its
(P2PE) v3.0 standard. award-winning fraud-mitigation technology to launch
PCI-validated P2PE is the gold standard in payment the Fraud Investigation NetworkSM, creating the col-
encryption, Bluefin noted. P2PE's stated benefits include laboration needed to detect and shut down fraud rings
reduced yearly PCI assessment, saving companies time, and schemes that target financial institutions. With this
money and overhead, while ensuring that if a system collaboration, fraud investigators nationwide will now
is breached, hackers find no clear-text payment data benefit from the efforts and insights of their peers as
entered through the POS. they collaborate to stop sophisticated fraud rings and
schemes, ID Insight stated.
Electronic Payments introduces ProCharge Desktop
ValidiFI a Nacha Preferred Partner
Merchant services provider Electronic Payments
expanded the ProCharge platform to include ProCharge Nacha reported that ValidiFI is now a Nacha Preferred
Desktop, a Windows application that allows a merchant's Partner for Account Validation, joining a select group of
front-office staff to quickly accept EMV and contactless innovators that Nacha recognizes for offering products
payments at the counter. ProCharge Desktop is PCI DSS and services that align with the association's core strat-
certified, enabling a range of businesses to seamlessly egies to advance the ACH Network. ValidiFI's digital
and securely process payments, while realizing substan- platform delivers comprehensive data and technology
tial savings, Electronic Payments noted. With a focus solutions; its customers use ValidiFI for account open-
on medical and professional-service offices, ProCharge ing, credit decisions, risk management, compliance and
payment facilitation, Nacha noted.
SELLING YOUR RESIDUALS? Zeguro offers expanded cyber insurance

Cybersecurity startup Zeguro enhanced its cyber insur-
HIGHEST MULTIPLES ance offering. Zeguro noted that in addition to payment
fraud, ransomware attacks, regulatory fines, media
QUICK CLOSING liability and network security liability, its policies now
include coverage for system failure for business income
LARGEST BUYER NETWORK loss resulting from certain unintentional computer sys-
tem outages not caused by a computer attack; future loss
avoidance for improvements to a customer's computer
At Portfolio Buyer, our qualified buyer network purchases of all system following an attack; and computer fraud result-
or part of merchant portfolios, residual streams, and enterprise ing in payments being misdirected.
sales of any size. Our objective is to provide you with
personalized, professional service. We will evaluate your
situation, anal
situation, analyze your business, and match you with a buyer in RESEARCH
our network that best meets your business needs and financial
goals. We will then negotiate the highest payments industry
sale price possible. There are no upfront costs for our services. SMBs trust banks but seek alternatives
We are only paid when we are successful in striking the best
deal for you. Mercator Advisory Group's Primary Data report 2020
Small Business PaymentsInsights: SMB Attitudes and
www.PortfolioBuyer.com Banking- Charting a New Course based on the compa-
ny's annual Small Business PaymentsInsights survey,
or revealed that SMBs continue to trust their banks but are
increasingly looking for advice, wisdom—and credit—
Call 212-631-8110 from outside sources. Among key findings are that sat-
isfaction with respondents' primary bank's commitment
to SMBs remains high at 84 percent; they are consulting
Portfolio BUYER a broader range of individuals for business advice; and
39 percent are seeking a larger credit line.

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